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In an Open-Economy Keynesian Income Model of the Sort Used

Question 8

Multiple Choice

In an open-economy Keynesian income model of the sort used in Chapter 24, at the equilibrium level of income,

A) S + X + T = Y + M + G
B) S + I + (T - G) = M - X
C) S + M + T = I + X + G
D) S + (G - T) - I = (X - M)

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